Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
| Deal Date: | 31-01-2017 | Practice Area: | International Finance and Bank Credit |
| Deal Title: | BAML Acquisition of HSH Nordbank CRE Loan Portfolio | Industry: | Real Estate Investment & Services |
| Description: |
Clifford Chance advised Bank of America Merrill Lynch on its purchase of a commercial real estate loan portfolio from HSH Nordbank.
The volume of the portfolio comprised loans for commercial real estate in Scandinavia, the Netherlands and Germany is EUR 540 million. With this sale HSH Nordbank fulfilled a requirement of the EU Commission, which demanded that the bank be sold or wound-up by 2018.
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| Financial Center: | Frankfurt | Value: | 500.01-1000.00 |
| Advised Party: | Acquiror | Law Firm | Clifford Chance |
| Assets | Germany | Acquiror | United Kingdom |
| Classification: |
Loan and Portfolio Sales |
Lawyer | Oliver Kronat |
